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RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

4 days ago DieselGasoil Comments Off on RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results
Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per share Full year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per share Quarterly and full year results include a $50.6 million non-cash charge, net of previous accruals, for the Phase I interim GX ruling (the GX Charge), Read More

‘Blatant extortion’: German ex-chancellor lashes out at US threat to withhold intel over China

5 days ago DieselGasoil Comments Off on ‘Blatant extortion’: German ex-chancellor lashes out at US threat to withhold intel over China
Washington’s threat to downgrade its intelligence-sharing with Berlin if Germany buys Chinese 5G equipment is an example of why Berlin should seek more independence in its policies, former German Chancellor Gerhard Schroeder said. The US Ambassador to Germany reportedly threatened the hosting country this week with a number of consequences for dealing with China, including Read More

Senate Energy Committee leaders say they get along fine

6 days ago DieselGasoil Comments Off on Senate Energy Committee leaders say they get along fine
By Kurt Abraham, Editor-in-Chief, World Oil on 3/12/2019 HOUSTON — If they said it once, they must have said it five times: Senate Energy Committee Chairman Lisa Murkowski (Rep.–Alaska) and Ranking Minority Member Joe Manchin (Dem.-W.V.) wanted the late-afternoon crowd on Monday at CERAWeek in Houston to know that they really do get along and Read More

From scaremongering to direct threats: US intel may be denied to countries that buy Chinese 5G

7 days ago DieselGasoil Comments Off on From scaremongering to direct threats: US intel may be denied to countries that buy Chinese 5G
Germany can forget about getting as much intelligence from US spooks as it currently does if it allows Chinese telecoms to build 5G infrastructure, a letter from the American ambassador in Berlin has reportedly warned. Washington is continuing to twist the arms of its European allies to discourage economic cooperation with its biggest geopolitical rival, Read More

US intel may be denied to countries that buy Chinese 5G: Washington twists arms of European allies

7 days ago DieselGasoil Comments Off on US intel may be denied to countries that buy Chinese 5G: Washington twists arms of European allies
Germany can forget about getting as much intelligence from US spooks as it currently does if it allows Chinese telecoms to build 5G infrastructure, a letter from the American ambassador in Berlin has reportedly warned. Washington is continuing to twist the arms of its European allies to discourage economic cooperation with its biggest geopolitical rival, Read More

GasLog Partners LP Announces Acquisition Of The GasLog Glasgow From GasLog Ltd. For $214 Million

2 weeks ago DieselGasoil Comments Off on GasLog Partners LP Announces Acquisition Of The GasLog Glasgow From GasLog Ltd. For $214 Million
Monaco, March 08, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (NYSE:GLOP) (“GasLog Partners” or the “Partnership”) and GasLog Ltd. (NYSE:GLOG) (“GasLog”) announced today that the Boards of Directors of both companies and the Conflicts Committee of GasLog Partners have approved entering into an agreement for the Partnership to purchase from GasLog 100% of the shares Read More

Marriott CEO apologizes for data breach, unsure if China responsible

2 weeks ago DieselGasoil Comments Off on Marriott CEO apologizes for data breach, unsure if China responsible
WASHINGTON (Reuters) – Marriott International Inc Chief Executive Arne Sorenson apologized on Thursday before a U.S. Senate panel for a massive data breach involving up to 383 million guests in its Starwood hotels reservation system and vowed to protect against future attacks. Sorenson told the Senate Permanent Subcommittee on Investigations that the hacking, which occurred Read More

Germany won’t ban Huawei & ready to oppose US pressure – economy minister

2 weeks ago DieselGasoil Comments Off on Germany won’t ban Huawei & ready to oppose US pressure – economy minister
Germany does not intend to prevent Chinese tech giant Huawei from developing 5G networks, the country’s economy minister said, adding that the EU stands ready to defend its interests, should a trade war with Washington escalate. Berlin will not pre-emptively ban any specific companies from bidding for contracts to develop the country’s next generation 5G Read More

Germany won’t ban Huawei’s 5G equipment, is ready to oppose US pressure – Economy minister

2 weeks ago DieselGasoil Comments Off on Germany won’t ban Huawei’s 5G equipment, is ready to oppose US pressure – Economy minister
Germany does not intend to prevent Chinese tech giant Huawei from developing 5G networks, the country’s economy minister said, adding that the EU stands ready to defend its interests, should a trade war with Washington escalate. Berlin will not pre-emptively ban any specific companies from bidding for contracts to develop the country’s next generation 5G Read More